I am not sure how many companies I have shown with this set up lately, where it has pulled back exactly to the 0.618 Fib for Wave 2 and then bounced very well since then and entered or entering Wave 3.
These setups are found everywhere and at any time, regardless of being in a bear or bull market, they are just more common in a bull market but it is my job to find them for you.....and we have a lot of them available at the moment.
For me, this is firmly in Wave 3 here and a break above the blue line confirms it once again.
I want to see a number of different companies at different stages, ones that are finishing Wave 2 and in a spaced out time frame, so when we are happy that we have bought at the start of Wave 3, we'll be ready to trim some profits and enter another position that is just starting their Wave 3, this is a strategy I really enjoy and find it very beneficial.
Bjoern Szymkowiak
2023-06-13 19:53:54 +0000 UTCKatherine D. Matheson
2023-06-13 19:51:01 +0000 UTCKristof Van Nevel
2023-06-13 19:34:28 +0000 UTC